Bulgarian toll system implementation to be delayed

The full-fledged toll system implementation, which was initially planned for Aug 16, will be postponed until mid-November, according to an agreement between transport companies, the regional development ministry and PM Borissov on May 16, local media reported. The real-time tests of the toll system will start as of Aug 16 and will continue three months before its final implementation. All transport companies will have to equip their vehicles with special boarding machines in charge of checking the heavy-freight vehicles’ traffic.

The regional development ministry has also prepared new toll fee tariffs for the transport sector as transport companies were very dissatisfied with the initially proposed fee prices. The new toll fee proposal and the toll system scope in Bulgaria will be announced in June. We think that the delay in the toll system implementation might heavy a slightly downward effect on planned budget revenues in the budgetary 2019 law. On the other hand, the toll system expected upward pressure on consumer prices will be postponed as well, in our view.

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